UPDATE: Teledyne Technologies (TDY) Tops Q4 EPS by 32c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, FY20 EPS Guidance Above Consensus

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Go back to UPDATE: Teledyne Technologies (TDY) Tops Q4 EPS by 32c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, FY20 EPS Guidance Above Consensus

Teledyne (TDY) PT Raised to $400 at Needham & Company

January 21, 2020 7:39 AM EST

Needham & Company analyst James Ricchiuti raised the price target on Teledyne (NYSE: TDY) to $400.00 (from $355.00) while maintaining a Buy rating.

The analyst commented, "We met with TDY at last weeks Needham Growth Conference and came away more optimistic about the setup in 2020 and... More